CVCheck Police Checks a Broken Model, page-9

  1. 560 Posts.
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    I somehow doubt you're all that interested in my thoughts, but I will attempt to answer in earnest.

    I was overlooking the 24-month escrow as the reason the Carolans had not sold down into the share price shortly after listing, but they had been out of escrow for over 2 months at the time of posting.

    The timing of the sale - 6 months to the day after coming off escrow - does suggest it was a pre-agreed partial sell down. The SP dropped another 30% in those 6 months, so I feel a little sorry for Steve if that is the case.

    The facts after the announcement are:
    - the Carolans retain 18.5% of the company
    - the new CEO has put another $334k of his own money into CV1
    - the SP is up 7% in response

    Overall it appears to have been a positive result.
 
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Last
18.0¢
Change
-0.010(5.26%)
Mkt cap ! $77.77M
Open High Low Value Volume
18.0¢ 18.0¢ 18.0¢ $5.157K 28.65K

Buyers (Bids)

No. Vol. Price($)
4 98027 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 19630 1
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Last trade - 10.49am 04/07/2025 (20 minute delay) ?
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